Microsoft to invest $1.5B in Emirati AI firm G42, takes minority stake
Briefly

We will combine world-class technology with world-leading standards for safe, trusted, and responsible AI, in close coordination with the governments of both the UAE and the United States.
Microsoft and G42 will support the establishment of a $1 billion fund for developers to boost AI skills in the UAE and broader region.
The partnership includes protections on AI products shared with G42, ensuring no Chinese gear is used in the Emirati firm's operations, including ceasing use of Huawei telecom equipment.
Read at New York Post
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